Executives Skeptical Obama Can Deliver - WSJ.com

A CREDIT CARD GENERATION WISH BOOK: Executives Skeptical Obama Can Deliver - WSJ.com

The state-of-the-union speech sounded like expanded la-la-land because it first, failed to recognize the extent of the budget deficit (i.e. borrowing $2 out of every $5 spent); and, the fact that raising taxes isn't the answer (which is clearly the Democrats (at a local level too) answer - i.e. get a value-added-tax that can be ratcheted up to produce whatever revenue is necessary to support an entitlement-based, union-centric (i.e. no performance standards) welfare state.

Somehow the image of the overweight housewife/househusband telling her family all she 'wants to do for them', while failing to control her/his diet, being diabetic, not working, being on welfare and being closed to being maxed out on her/his credit cards is what comes to mind upon ruminating on Obama's speech.

The US needs to radically restructure its spending habits. Public employee unions don't get, Obama doesn't get it and they all hope the harbingers of doom are more out-to-lunch than they are.

For some reason the nursery rhyme about the 'golden goose' keeps coming to mind with Obama wielding a hatchet. And, the basic math of 2+2=4 instead of 6 or 8 or whatever we want it to be (based on faith and hope, of course) seem to keep resonating.

I guess we each have to choose and act accordingly. But this article seems to suggest business won't be as interested in investing as the founder of Blackrock stated rather authoritively on Tom Keene's Thursday TV show.